Letxy Sosa
One Percent Down Payment?
I subscribe to different news updates and today one caught my eye, the Guild Mortgage 1% down payment conventional loan. Link to the press release is below. I am in no way affiliated with Guild Mortgage, but I am curi...
Scott Meredith
Refinance after rehab
I just finished a rehab on my personal residence that will become a rental; I added two bedrooms and a bath. My question is I got the final inspection done yesterday and was wondering how long I have to wait before I...
Domenic Tankersley
How to proceed - help required
Ok my goal is to purchase a Multi and live in but I have one simple hurdle. I don't have much to put down at this point. My credit is great and I know I can get financing FHA or conventional - so what strategy should ...
Chris Dutton
Mortgage contingency - 50% Rule?
I'm in the process of purchasing a condo in a new construction triple-decker in Jamaica Plain. My unti (#3) was completed and listed first (in October), followed shortly by unit #2 (unit #1 is still under construction...
Ryan Hoover
Long Term Buy and Hold Value Add in Surprise, AZ
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $435,000
Cash invested: $150,000
Found this value add home in an upcoming area of Surprise, AZ. I was able to take...
Muhamed Sarr
FHA loan and FHA 203K loan
Just curious. Is it possible to have both a FHA loan and a FHA 203k loan at the same time?Here is my scenario: I currently own a home which is financed through FHA first time buyer program. I recently found a property...
Matthew Weirath
New to all of this
Hey everyone! I'm pretty new to all of this so I figured I'd put my situation out there and see what others think. I have a house with about $40,000 in equity, I have $6000 left on a credit card that I'm paying off. I...
Jonathan Krauser
My first investment property
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $150,000
Cash invested: $30,000
This is a duplex located within walking distance of the ocean in Satellite B...
Eric Stewart
1st rental property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $105,000
Cash invested: $15,750
3/1 SFH. 710 Sqft. Tenant had just moved in while we were closing
What ma...
Joshua Robinson
Using FHA via an LLC
1) How long does it take an LLC to obtain a credit score? 2) I would like to get my first property using an FHA loan under an LLC. So, can I get an additional FHA loan under my personal name later down the line?